Business, 19.12.2021 17:30 kitttimothy55
A business issued a 30-day, 7% note for $42,000 to a creditor on account. The company uses a 360-day year for interest calculations. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity, including interest.
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A business issued a 30-day, 7% note for $42,000 to a creditor on account. The company uses a 360-day...
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